CFTC’s one-man show gets awkward on the Hill as lawmakers hammer Selig on sports bets, staffing gaps and corruption claims Suswati Basu The Commodity Futures Trading Commission (CFTC) came to the House Agriculture Committee on Thursday (April 16), hoping to talk about market integrity and fraud. Instead, it got dragged into the much … Continue reading CFTC’s one-man show gets awkward on the Hill as lawmakers hammer Selig on sports bets, staffing gaps and corruption claims
Minnesota lawmakers push felony ban on prediction market betting platforms Suswati Basu Minnesota lawmakers from both parties are moving ahead with a bill that would outlaw most forms of betting on prediction markets, adding steep criminal penalties for companies and individuals tied to the fast-growing space. Originally filed on March 17, Senate Bill … Continue reading Minnesota lawmakers push felony ban on prediction market betting platforms
Florida lawmakers advance bill targeting illegal gambling properties with stronger penalties Suswati Basu Florida lawmakers have formally enrolled Senate Bill 168, a measure that expands the state’s public nuisance law to include properties used for illegal gambling and removes limits on fines tied to those violations. The bill was ordered on Tuesday (March … Continue reading Florida lawmakers advance bill targeting illegal gambling properties with stronger penalties
Maine lawmakers push bill banning online sweepstakes casino style games Suswati Basu Maine legislators are advancing a proposal that would outlaw a category of internet-based casino-style games often marketed as online sweepstakes platforms. Supporters of the measure say it would close a gap in state gambling law, while critics argue it would wipe … Continue reading Maine lawmakers push bill banning online sweepstakes casino style games
Lawmakers introduce bipartisan POINTS Act targeting gambling addiction treatment funding Suswati Basu A group of Republican and Democratic lawmakers in the U.S. House has rolled out new legislation designed to expand prevention, treatment and recovery services for people struggling with gambling addiction. The proposal is said to be one of the most significant … Continue reading Lawmakers introduce bipartisan POINTS Act targeting gambling addiction treatment funding
US lawmakers propose ban on death betting prediction markets Suswati Basu Members of Congress are moving to block a controversial corner of the prediction market industry by introducing legislation that would outlaw betting contracts tied to violence or death. The proposal, called the “Discouraging Exploitative Assassination, Tragedy, and Harm Betting in Event Trading … Continue reading US lawmakers propose ban on death betting prediction markets
Hawaii lawmakers introduce bill that would ban prediction markets Sophie Atkinson Suswati Basu The House Bill 2198 has been introduced in Hawaii, which would see prediction markets be included in the definition of gambling, making them banned in the US state. The summary of the bill reads as: “Includes prediction … Continue reading Hawaii lawmakers introduce bill that would ban prediction markets
November 17, 2024 How Republican lawmakers will reshape tax policy in 2025 Republicans are likely to fight to keep key components in place for the Tax Cuts and Jobs Act. BY The Conversation Although coverage of the 2024 election was dominated by the economy, taxes didn’t get much attention in the run-up to the vote. That’s … Continue reading How Republican lawmakers will reshape tax policy in 2025
Google strikes a deal with California lawmakers to fund local news The agreement ends a long-running dispute that led to Google temporarily blocking news for some users in the state. karissa bell Thu, Aug 22, 2024 Anadolu via Getty Images Google has reached a deal with California lawmakers to fund local news … Continue reading Google strikes a deal with California lawmakers to fund local news
Lawmakers have a new plan to force ByteDance to sell TikTok A bipartisan bill would give the company a six-month window to divest or face a ban in US app stores. Karissa Bell Wed, Mar 6, 2024 ASSOCIATED PRESS A group of lawmakers have introduced a new bill that would force ByteDance to sell … Continue reading Lawmakers have a new plan to force ByteDance to sell TikTok
